4 Tips to Finding Affordable Health Insurance Quotes

There was a time when finding affordable insurance was mostly a matter of luck. You’d go to an insurance company recommended by someone you trust, and then you discuss the health insurance policy details along with the cost. There was very little chance of comparing the coverage and costs of different plans from different companies. But now you can just go online and get affordable health insurance quotes from a multitude of insurance companies.

But how do make sure you find a health insurance plan that makes you feel safe and secure? That’s not always easy, but you can simplify the process by taking note of the following tips:

  • Take stock of what you need. This starts with picking the right type, such as health insurance plan for an individual, a family, or for small business insurance. Then you need to think about the details. You have to factor in the healthcare needs of the people getting the insurance, with a careful assessment of current medical conditions and medications.
Keep in mind that some insurance policies may offer benefits that you may not need, yet have to pay for anyway. Or the plan may be missing some important benefit that would have been to your advantage. The minimum requirements of Obamacare plans must be met, but these plans should offer lots more coverage if you can afford it.
  • Assess your health insurance budget. Keep in mind that what’s affordable for you may not be affordable to someone else. It’s not just about picking the cheapest insurance either. It’s about getting the kind of coverage you need without overpaying for the insurance you obtain.
Figuring out your budget isn’t just about how much you’re going to pay in premiums. It’s also about coming up with a deductible that makes sense. You should carefully examine your copay and coinsurance options, and then find out how much you will have to shell out of pocket for various medical situations. You also need to think about the cost of prescriptions.

There may be services you need that may not be offered by your main health insurance plan. You may want to think about supplemental health insurance coverage, especially for dental care.
  • Prepare your medical info. Completing an insurance application will require you to provide necessary info about your current medical condition. Don’t hide any medical condition, since you can’t be denied coverage no matter what. You’ll need to disclose any current or past major ailments, hospitalizations, and surgeries. You’ll need to have info ready about the prescription drugs you’ve taken in the last few years, including the time period you took them and the dosages involved. Even your family medical history may be relevant.
  • Go online and get the quotes. You can start with Obamacare plans first, and then start looking outside exchanges. Make sure the plans you’re considering are valid so that you won’t be assessed a tax penalty. Check the quotes and pick the ones that fit your budget, and then carefully examine each one.
The details you’ll need to examine will include not just the premiums but also the prescription drug coverage, the deductible amount, the coinsurance and copays, and your out-of-pocket expenses. Check out the numbers thoroughly so you can see if the health plan suits your budget and healthcare needs.
As you can see, it can be a bit detailed. Yet the overall process is actually simple. Getting health insurance now is actually easier than ever before, and you really need is to take a good long look at your healthcare needs and your budget.


I am interested in writing on varied topics.

Go Deeper | Website

Want More?

New Graphic
Subscriber Counter